Asia
Wai Yuen Tong Medicine Proposes Share Premium Reduction
Wai Yuen Tong Medicine (HKG:0897) is planning to propose a reduction in share premium at its upcoming annual general meeting, according to a Friday Hong Kong bourse filing.As of March 31, the company's share premium account had a balance of around HK$1.12 billion, according to financial statements.The company believes the move will facilitate the payment of dividends in the future depending on its financial condition.
HKG:0897
